Elon Musk, tech billionaire and former co-founder of OpenAI, is reportedly entering the race for artificial intelligence (AI). He is allegedly building a startup to compete with the chatbot builder OpenAI, contacting AI experts and investors for the same. This comes in the wake of an open letter, signed by tech executives and AI researchers, including Elon Musk, warning against the potential risks of widely used AI systems. Amid reports of Musk obtaining thousands of graphics processing units from Nvidia, the stock prices rose on Friday. State filings additionally revealed that Elon Musk is the sole director at the recently founded Nevada-based AI startup X.AI.
. This week crypto news saw North Carolina temporarily prohibiting crypto mining due to pollution and noise risk. Texas is pushing out a new bill that aims to control miner power consumption. AI-developed ChatGPT and Satoshi made headlines with Bitcoin hitting its peak of $64K and suggestions of effectual crypto trades. Moreover, Elon Musk joined the cryptocurrency market with Twitter's stock tracking AI and X Corp. merge. In terms of crypto tokens, Render Token topped with 36%, followed by Woo Network, Arbitrum and Injective with 31%, 30% and 27% increase. El Salvador's turning Bitcoin into a legal tender boosted its tourism by 30%.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?